The forecast for total hours worked in the electrical equipment sector in Canada indicates a steady decline from 2024 through 2028. The data starts at 61.18 million hours in 2024 and gradually decreases to 58.06 million hours by 2028. This trend reflects an annual decrease averaging around 1.3%. In 2023, the total hours worked stood at approximately 62 million hours, showcasing a persistent downward trend and a shrinking workforce in the sector.

Future trends to watch for include:

Technological advancements leading to increased automation and thus reduced manual hours.
Industry shifts towards sustainable energy equipment which may require different skill sets and alter manpower needs.
Economic factors affecting workforce availability and industrial growth in Canada.